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Towne Center 5800-5940 Santa Monica Blvd
980 - 3,920 SF of Retail Space Available in Los Angeles, CA 90038
Highlights
- 3 large Pylon signs
- Restaurant/Retail Available
- Close Proximity to Paramount Studios and CBS Studios
- New Remodel
- Parking Off Santa Monica Blvd.
- +/- 42,000 VPD
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5844 | 980 SF | Negotiable | $42.00 /SF/YR $3.50 /SF/MO $452.08 /m²/YR $37.67 /m²/MO $3,430 /MO $41,160 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 5934 | 2,940 SF | Negotiable | $39.00 /SF/YR $3.25 /SF/MO $419.79 /m²/YR $34.98 /m²/MO $9,555 /MO $114,660 /YR | Triple Net (NNN) |
5800-5940 Santa Monica Blvd - 1st Floor - Ste 5844
Exciting restaurant and retail opportunities available in soon to be remodeled retail center in the heart of Hollywood. Towne Center is in front of the Hollywood Cemetery and its a 51,512 sf Shopping Center with 3 large pylons and parking off Santa Monica Blvd. Retail and Restaurants available now. Co-Tenants include: Autozone, Little Caesars Pizza, Cricket Wireless, WIC, Sally Beauty, Lucy' s Laundry, and many more regional retailers. In close proximity to Paramount Studios, CBS Studios, and various Public and Charter Schools. Center will go thru a remodel estimated to commence 4th quarter of 2016. NWC of Santa Monica Blvd & Van Ness Ave, apprx 51,512sf Shopping Center, with ample parking off Santa Monica Blvd and 3 large Pylon signs.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
5800-5940 Santa Monica Blvd - 1st Floor - Ste 5934
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Towne Center
- AutoZone
- Boost Mobile
- Cricket Wireless
- Little Caesars Pizza
- Public Health Foundation
- Sally's Beauty Supply
PROPERTY FACTS FOR 5800-5940 Santa Monica Blvd , Los Angeles, CA 90038
| Center Type | Neighborhood Center | Gross Leasable Area | 52,081 SF |
| Parking | 106 Spaces | Total Land Area | 2.41 AC |
| Stores | 28 | Year Built | 1986 |
| Center Properties | 1 |
| Center Type | Neighborhood Center |
| Parking | 106 Spaces |
| Stores | 28 |
| Center Properties | 1 |
| Gross Leasable Area | 52,081 SF |
| Total Land Area | 2.41 AC |
| Year Built | 1986 |
About the Property
Exciting restaurant and retail opportunities available in the heart of Hollywood. The 51,512 SF shopping center is located in front of the Hollywood Cemetery with 3 large pylon signs available and ample on-site parking. Co-Tenants include: Autozone, America's Best, Little Caesars Pizza, Cricket Wireless, WIC, Sally Beauty, and many more regional retailers. In close proximity to Paramount Studios, CBS Studios, and various Public and Charter Schools. Located on a high vehicle street (+/- 42,000 VPD). For more information, CALL: 310-247-0900
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
Nearby Major Retailers
-
Gene Detchemendy -
Henry Nunez -
Excel Property Management Services, Inc.
Presented by
Towne Center | 5800-5940 Santa Monica Blvd
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